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Spanjaard Limited - Changes To The Board Of Directors

Release Date: 03/04/2003 13:16:01      Code(s): SPA
Spanjaard Limited - Changes to the Board of Directors                           
Spanjaard Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1960/004393/06                                              
ISIN Number ZAE000006938   Share Code SPA                                       
Changes to the Board of Directors                                               
In terms of section 3.67 of the Listings Requirements of the JSE Securities     
Exchange South Africa, notice is hereby given that the board of directors ("the 
Board") have appointed Mr Ray Sack, a director of the Company, as Deputy Chief  
Executive Officer with effect from 2 April 2003.                                
Sandton                                                                         
3 April 2003                                                                    
Sponsor                                                                         
Nedbank Corporate                                                               



                                        
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